SEGRO (OTCMKTS:SEGXF) Upgraded to Hold at Barclays

Barclays upgraded shares of SEGRO (OTCMKTS:SEGXF – Free Report) from a strong sell rating to a hold rating in a research note released on Monday,Zacks.com reports.

A number of other brokerages have also weighed in on SEGXF. Jefferies Financial Group lowered SEGRO from a “buy” rating to a “hold” rating in a research report on Thursday, July 9th. Berenberg Bank lowered SEGRO from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. BNP Paribas Exane initiated coverage on SEGRO in a research note on Wednesday, July 1st. They issued a “neutral” rating for the company. Kepler Capital Markets upgraded shares of SEGRO from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Finally, The Goldman Sachs Group upgraded shares of SEGRO from a “buy” rating to a “buy” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Get SEGRO alerts:

Get Our Latest Research Report on SEGRO

SEGRO Trading Down 0.4%

Shares of SEGRO stock opened at $13.01 on Monday. The company’s 50 day moving average price is $12.05 and its two-hundred day moving average price is $10.61. SEGRO has a fifty-two week low of $8.18 and a fifty-two week high of $13.21. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.50 and a current ratio of 0.50.

SEGRO Company Profile

(Get Free Report)

SEGRO PLC (OTCMKTS:SEGXF) is a leading real estate investment trust specializing in the ownership, development and management of modern warehousing, light industrial and urban logistics properties. As a FTSE 100 company, SEGRO’s portfolio encompasses a broad range of distribution centres, last-mile facilities and multi-let industrial estates designed to support high-growth sectors such as e-commerce, retail and manufacturing.

The company traces its origins to the Slough Trading Company, established in 1920, and underwent a major rebranding in 2009 to become SEGRO, reflecting its pan-European ambitions.

Recommended Stories

• Five stocks we like better than SEGRO
• Tariffs Are Back in Focus: 3 Stocks With a Home-Field Advantage
• Marzetti Stock Confirms Reversal on Earnings Strength, Dividend Growth
• Pathward’s Credit Scare Tests Its Comeback Story
• Wiring the AI Boom: Rumble’s $13.7B Pivot

Receive News & Ratings for SEGRO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEGRO and related companies with MarketBeat.com's FREE daily email newsletter.